The U.S. lost about $400 billion due to fraudulent claims for unemployment benefits
For example, stolen identities are often used to obtain fraudulent benefits. They are used by fraudsters through intermediaries to cash out the funds and move them overseas.
According to Haywood Talkov, head of LexisNexis Risk Solutions, at least 70 percent of stolen funds have been withdrawn from the United States this way. Other experts say criminal groups from China, Nigeria and the United States have succeeded.